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Blockchain conference participants invited to invest in Grand Bahama

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#Freeport, GrandBahama, June 22, 2018 – Bahamas – During opening day of the first Bahamas Blockchain and Cryptocurrency Conference, presenters and visiting guests were invited by the Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest to invest in the island.  The conference was officially opened Wednesday, June 21, at the Grand Lucayan by Prime Minister, Dr. the Hon. Hubert A. Minnis.  The event ends on Friday.

Minister Turnquest said, “The investment opportunities in Grand Bahama straddle many sectors: technology, of course, in keeping with our vision for Grand Bahama to be the tech hub for The Bahamas, to be the Silicon Valley of the Caribbean; but also the tourism industry, the maritime field, and the industrial sector.  This is reflected in the anchor businesses currently on the island, and those projects in development and under consideration.”

Listing some of the major companies currently doing business on the island, the Minister cited Freeport Container Port, Grand Bahama Shipyard, and Buckeye Bahamas Ltd.

“All of these existing investments speak to the diverse business community we already have here in Grand Bahama; and our desire is to see the island continue to grow as a hub of innovation and industry.  There are clear and present signs that investors have bought into this vision for Grand Bahama.”

With the recent commitment from Grand Palm Beach Acquisitions investment group that committed $2 billion over the next ten years to repair, revitalize and develop the former Ginn Sur Mer project in West End, this development is expected to include multiple hotels, including a casino hotel, branded hotel residences, two marinas, a golf course, an organic farm, and a smart city.

“This means digital technology will be a part of the core design and operation of this resort and residential community.

“We certainly want to encourage the use and integration of technology in ways that create efficiencies, improve environmental sustainability, boost economic development and enhance quality of life factors for people living and working in our islands.”

The Deputy Prime Minister further stated, “In many respects, Grand Bahama is seeing a surge of interest from investors, some of whom are returning to complete projects that were impacted by the global recession.

“The $5 million Seaward Fishing Village Project, which had its genesis in 2003, will be resuming development in West Grand Bahama.  The 35-acre site in Deadman’s Reef will generate quite a boost in the construction of vacation homes, creating a unique community for year-round visitors looking for an opportunity to dock their boats and enjoy the best sports fishing on offer in The Bahamas.  It will provide significant infrastructural development including the installation of underground electrical and water utilities, roads and a 1,400 ft. marina.

“Also in the pipeline is a $47 million development by Grand Bahama Project Leisure Ltd., which has been approved in principle by the government. Their plan is to build a world-class motor sport, tourism and commercial development, also in West End, to be constructed on a few dozen acres of beachfront property.  The project includes construction of 300 villas and a karting track with educational facilities.”

Describing the opportunities on the island as “ripe,” Deputy Prime Minister Turnquest said the Bahamas Blockchain and Crytocurrency Conference is timely because:

  1. “First, as a government we set out a vision for Grand Bahama to be the tech hub for The Bahamas and the region; to be the Silicon Valley of The Caribbean, so we are committed to pursuing those opportunities that will bring this vision to life in Grand Bahama.
  2. “Second, blockchain and cryptocurrency, in particular are dynamic and game changing technologies, and as a country we want to be at the forefront of their use and integration into our systems, particularly where they can improve the ease of doing business and lead to innovations that boost development.
  3. “Third, the technology sector on the whole is one which the government is keen to develop and promote niche markets in The Bahamas. Earlier this year, we enacted the Commercial Enterprises Act, which creates a special work-permitting structure that allows companies to set up their operations quickly, when they are making substantive investments in targeted areas in the tech sector and other areas, including: Nanotechnology, Data Storage, Software Design, Manufacturing Enterprises, Wealth Management, Computer Technology, Captive Insurance, Maritime and Aviation Registration, among others.”

With the introduction of The Commercial Enterprises Act, he said, new foreign direct investment and job creation is already being seen with the multi-million dollar investment by GIBC Digital.  The company has already hired 25 people and will have their official opening next Thursday. With an estimated economic impact of $10 million during the first year, the company is set to hire an additional 25 people, and has made Freeport their training headquarters.  They expect to expand their Bahamian operation to over 150 employees and build a state-of-the-art, sustainable Data and Al centre within three years.  It is hoped their economic impact will be in the area of $50 million by 2020.

The Deputy Prime Minister stated, “The fourth and final reason this conference is so timely: The government has a vision of a Digital Bahamas, and we are heavily invested in the government’s leadership role in this area.

“What do I mean by that? As a government we cannot rightly champion ideas that we are not adopting ourselves.  The more we allow the population to interact with us digitally, the more we facilitate the necessary behavior shifts to bring our vision of a Digital Bahamas to life.”

 

By: Robyn Adderley (BIS)

 

 

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Diamond Stubbs, 17 • Betrica Brown, 19 • Stania Webb, 19 • Fourth victim yet to be identified

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Deandrea Hamilton | Editor

Six road deaths in two days leave a nation searching for answers

NASSAU, The Bahamas – A nation that only days ago celebrated graduations, scholarships and bright futures is now united in grief as six lives were lost on Bahamian roads in just two days, including four young women whose deaths have shaken the country to its core.

The names Diamond Stubbs, 17; Betrica Brown, 19; and Stania Webb, 19 have become the heartbreaking symbol of one of the country’s deadliest road tragedies in recent memory. A fourth young woman, believed to be 18 years old, had not been publicly identified by authorities up to publication time, as families continued to mourn and await official confirmation.

The four were among eight occupants travelling in a gray Mazda when it crashed into a tree on Shirley Street shortly after 1 a.m. Sunday. Police said the 19-year-old driver reportedly struck a pothole, looked back toward his passengers and lost control before the vehicle slammed into the tree. Three young women died at the scene, while a fourth later succumbed to her injuries in hospital. Four others, including the driver, remain hospitalized as investigations continue.

The tragedy’s impact reached the House of Assembly on Monday, where Members observed a moment of silence – led by Prime Minister Philip Davis – in honour of the young women whose lives were cut tragically short.

What has resonated most across the country is not simply how they died, but who they were.

Diamond Stubbs had just graduated from Old Bight High School in Cat Island as valedictorian and head girl. She was preparing to attend Langston University in Oklahoma on scholarship and was remembered by her father as an exceptional student who earned virtually every academic award presented at graduation while inspiring other young people to pursue their dreams.

Betrica Brown, who called both Cat Island and Abaco her homes, had recently travelled to Nassau to secure her student visa. Youth and Sports Minister Mario Bowleg said she was preparing to begin college on a volleyball scholarship.

Stania Webb had already distinguished herself at Langston University, where she earned both President’s List and Honour Roll recognition after graduating from Old Bight High School at just 16 years old. Family members remembered her as a quiet, ambitious young woman deeply committed to her Christian faith and education.

Speaking in Parliament, Prime Minister Philip Davis described the loss as heartbreaking, extending condolences to the families, classmates and loved ones whose lives have been forever changed. He urged Bahamians to keep those still hospitalized and the grieving families in their prayers. Similar expressions of sympathy came from across the political divide, churches, schools and communities throughout the country.

Some residents were also chided for sharing gruesome and graphic photos and video in the hours following the shocking car crash.  Relatives said it made a difficult, heartbreaking time more unbearable.

Condolences poured in from government and Christian ministers; The Bahamas Union of Teachers; The Bahamas Christian council and other leaders from across the islands.

The national tragedy extended beyond New Providence. Also on Sunday, 26-year-old Nica Julien lost her life in a separate traffic collision in Grand Bahama. Then, on Monday, a road traffic accident claimed the life of a 30-year-old man on the highway of Abaco.

Together, the six deaths have transformed what should have been a season of celebration with graduations and independence festivities in play, into one of national mourning, leaving families, communities and an entire country searching for answers—and praying that no more names are added to the list.

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Twist of Timing Shifts Focus in Jonathan Gardiner Case

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The Bahamas, June 26, 2026 – Imagine boarding a plane for another Bahamian island, only for it to crash in U.S. waters during what now appears to have been a remarkable twist of timing.

Jonathan Gardiner’s Election Day flight has dominated headlines for weeks, but Thursday’s decision by a New York federal judge suggests the story may be far bigger than the crash itself.

Gardiner was denied bail after U.S. District Judge Gregory Woods described him as a danger to the community, a significant flight risk and concluded that the government’s evidence is “very strong.”

For many Bahamians, however, the public narrative has remained fixed on the approximately $30,000 recovered after the crash, including an envelope reportedly containing $5,000 intended for an unnamed politician.

Gardiner’s attorneys have argued the cash was legitimate, saying roughly $20,000 had been withdrawn from his business account the day before the flight. They also maintain the prosecution’s case is circumstantial and have argued that his speedy trial rights are being violated.

But prosecutors say the charges stem from a three-year federal investigation into an alleged conspiracy to import cocaine into the United States—not an investigation that began because a plane crashed in Bahamian waters.

That distinction may prove critical.

The crash brought the case into public view, but it may not be what ultimately determines its outcome.

The judge’s ruling raises a question that now deserves greater attention: What evidence from that three-year investigation persuaded a federal judge that the government’s case is “very strong”?

The answer may not lie in the cash recovered after the crash, but in investigative material that has yet to be fully presented in open court.

As the case moves toward trial, Magnetic Media will continue looking beyond the headlines and following the evidence that underpins one of the most closely watched criminal prosecutions involving a Bahamian in recent years.

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He’s Not Dusting Off Yesterday’s Plan… He’s Trying to Rebuild Government  

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By Deandrea Hamilton | Magnetic Media

 

The Bahamas, June 26, 2026 – Just in case you thought Sebastian Bastian, The Bahamas’ first Minister of Innovation and National Development, was about to dust off Vision 2040 and carry on where others left off… think again.

In his maiden Budget Communication on Monday, June 15, Bastian unveiled what amounts to a blueprint to rebuild how the government works.

Not with another glossy vision document.

But with an execution machine.

The clearest indication came when the Minister acknowledged that while Vision 2040 was an important national achievement, it also exposed a weakness.

“So we are changing what we are building. The National Development Plan will no longer be a document we complete and set aside. It will be a living instrument — continuously reviewed, always current, resourced by full-time professionals, and grounded in real data — that shapes how this government, and every government after it, chooses its priorities. A plan is a document. What we are building is an institution.”

It is a remarkable shift in philosophy.

Instead of governments producing national plans every decade, Bastian wants professionals monitoring implementation in real time, measuring progress and ensuring administrations stay focused on delivering what they promised.

To Bastian, national development goes far beyond the roads, airports and buildings Bahamians can see. It also means creating the invisible infrastructure of government — smarter systems, better planning, reliable data, accountability and institutions that survive changes in political administrations.

His speech repeatedly returned to one central idea: government itself has become an obstacle to opportunity.

He described a Family Island entrepreneur waiting weeks or even months for approvals because government systems do not communicate with one another. He spoke of public servants trapped by outdated manual processes instead of serving people. And he highlighted an 18-year-old entering a workforce being reshaped by artificial intelligence before graduation.

As he explained:

“…our job is a practical one: to make government work better, to make The Bahamas easier to do business in, and to make sure our country and our people are ready for what comes next.”

For ordinary Bahamians, he said the objective is simple.

“…a government that is simpler, faster, and far easier to deal with… dealing with your government will get easier, year after year, by design.”

His ministry’s four pillars are ambitious: modernizing government, preparing the nation for artificial intelligence, developing Bahamian talent and driving long-term national development.

Among the initiatives announced were a National Artificial Intelligence Authority, the country’s first AI legislation, a National Digital ID, SmartGov productivity tools for public officers, connected government systems, a National AI Literacy Initiative, an independent National Planning and Development Institute and a Delivery Division dedicated to turning plans into action.

The speech stopped short in one important area.

While Minister Bastian thoroughly explained how government intends to transform itself, he did not establish the measurable targets by which Bahamians can judge whether that transformation is succeeding.

However, he did reveal the next milestone.

Beginning in August, the National Development Plan Secretariat will begin assessing the planning capacity of every ministry and department while establishing a national tracking system before the renewed development plan moves into execution.

With 23 ministries and offices in the Davis administration, Bahamians now have a timeline.

It would not be unreasonable for the public to expect Minister Bastian to return once that assessment is complete with the findings, benchmarks and measurable goals that define success.

After all, the Minister’s own philosophy leaves little room for anything less.

“Delivery does not happen by good intentions — it happens when you build the institutions to carry it: capacity for research and policy thinking; teams dedicated to implementation; structures that demand accountability; systems that measure progress; and continuity that outlives any election cycle.”

If this speech is any indication, Minister Sebastian Bastian is not asking Bahamians to judge him by promises.He is asking to be judged by performance.

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